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  • Miles Dean

    GoogleGate!

    Once again it’s everywhere: Google’s tax affairs are in the newspapers, on the TV and radio. It certainly makes for great headlines – Google, the US technology giant, has agreed to pay HMRC £130m in back taxes and bear a greater tax burden in the future. Opinions vary from those who claim that the extra £130m is a derisory figure compared with the company’s turnover, to those who see it as only right to pay what is provided by law and nothing more.

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    January 26, 2016 Posted by:

  • Zoe Wyatt

    The DPT – A Distinctly Political Tax!

    A round up of the latest opinion We’ve been busy on all things DPT over the past couple of weeks. We’ve been to Amsterdam and The Hague (a Dutch Road Trip if you will) talking to friends and colleagues about the UK in general and the DPT in particular. Of particular interest was Charging Provision 1 as regards royalty payments – not unsurprisingly given the nature of most Dutch IP structures. Zoe and Miles spoke…

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    April 29, 2015 Posted by:

  • Zoe Wyatt

    Milestone and Transfer Pricing Associates Webinar

    Join us this Thursday for our joint webinar with Transfer Pricing Associates (TPA). Milestone is the UK member firm of Transfer Pricing Global and we have been working closely with our TPA colleagues on how the Diverted Profits Tax (DPT) will apply to multinational groups and to identify steps they could take to mitigate a DPT charge.

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    April 20, 2015 Posted by:

  • Zoe Wyatt

    Short…But Not Sweet

    We have deliberately kept today’s blogpost short and concise. We wish to focus your attention on the arduous and laborious steps that groups must now take to assess how the DPT applies, to mitigate a charge and the very short time frame within which to do this.

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    April 10, 2015 Posted by:

  • Zoe Wyatt

    Diverted Profits Tax: Double The Fun?

    Today’s case study considers how the new rules may apply to UK property development activity. But, before reading on, firstly take a look at our ‘Plain English’ step-by-step flow charts to help you navigate the new DPT legislation.

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    April 2, 2015 Posted by:

  • Zoe Wyatt

    Diverted Profits Tax – Budget 2015 update

    On Wednesday, Chancellor George Osborne confirmed in the final pre-election Budget that the UK will indeed go ahead with its controversial Diverted Profits Tax (DPT), effective 1 April 2015. The new charge (levied at 25%) is purported to be aimed at tackling aggressive international tax planning techniques used by large multinational corporations, but is likely to have far wider application.

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    March 20, 2015 Posted by:

  • Miles Dean

    Join us at the Transnational Tax Network Conference in Hong Kong

    We’re pleased to announce that both Miles and Zoe will be speaking at the Transnational Tax Network conference at Hong Kong’s Park Lane Hotel on Monday 9th February.

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    February 5, 2015 Posted by:

  • Rozi Ellis

    Don’t Get Clawed by the Russian Bear – Introducing the New CFC Rules

    The Russian Federation marked the end of an unpredictable 2014 by tightening its regulations on offshore companies in an attempt to protect its tax base and prevent outflows of capital.

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    February 4, 2015 Posted by:

  • Miles Dean

    Puerto Rico Tax Exemptions Acts

    In an attempt to stimulate domestic economic growth, the government of Puerto Rico enacted two laws (in 2012) that provide generous tax incentives for individuals and businesses. While such Acts are not unusual for smaller island states, these two Acts are unique in that they potentially provide US citizens with a significant tax advantage.

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    January 8, 2015 Posted by:

  • Miles Dean

    An Open Response to the Evening Standard Re STARBUCKS

    In yesterday’s Evening Standard (1 December 2014), Starbucks new UK Chief Exec was interviewed and quoted as saying “There is nothing abnormal about the way we are run”. The Standard then ran an editorial piece on the interview that I referred to as “astonishingly ignorant” in a tweet on the way home.

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    December 2, 2014 Posted by:

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